Multi Family for sale
$1,899,000
1001 S FEDERAL HighwayFL 33460
- 13,500 Lot sq ft
- 1958 Built
About this home
Well-positioned 8-unit multifamily property featuring six 1-bedroom/1-bathroom units, one studio, and one efficiency apartment. The property is currently generating $13,928 in gross monthly rental income with one unit vacant, while offering a projected pro forma gross monthly income of $16,950 upon stabilization. Ideally located along South Federal Highway just minutes from downtown Lake Worth Beach, the Intracoastal Waterway, and the beach, this asset presents investors with immediate cash flow and significant upside through lease-up and continued rental growth in one of Palm Beach County's strongest rental markets.
Details
- MLS #
- B26053945
- Property type
- Multi Family
- Status
- Active
- Days on market
- 87
- County
- Palm Beach County
- Property taxes
- $24,018 (2025)
- Waterfront
- No
- Private pool
- No
- Cooling
- Other
Estimated payment
$11,604/mo with 20% down at 6.5% for 30 years, including taxes, before insurance.
Adjust in the mortgage calculatorListing courtesy of Home Sold Realty LLC · Camilo De la Cruz Perez. Listing last updated October 13, 2026 2:59 PM.
